Credit Analyst

Date Posted: Feb. 2, 2023, 5:23 a.m.

Old Mutual

Job Description

Job Description

Working closely with the Manager-Credit Analysis he /she will ensure compliance with internal credit policies & procedures and facilitate prudent management of credit risks while ensuring compliance with the CBK prudential guidelines. He /she will also ensure that all SME Credit proposals from the branches are reviewed for credit risks in accordance with internal policies and procedures, CBK prudential guidelines and best practice .He /she shall safeguard the institution against loss by ensuring accuracy, completeness and credit worthiness of SME proposals, recommend appropriate risk mitigation mechanisms such as proper securities and their perfection, relevant sanction conditions and post disbursement follow ups.


Analyze the SME Credit requests against all the canons of lending (Character, Capacity, Conditions, Capital, and Collateral) as a basis for making approval / decline recommendations.

Prepare the Sanction sheets and offer letters based on 1 above and ensure accuracy, completeness and neatness of the same for further approval by relevant Head office Credit Committees

Prepare draft board papers for facilities requiring approval by the Risk Management Committee of the board for further review by management at Credit Administration departments Follow up with the branches to ensure fulfillment of ALL sanction conditions and other covenants prior disbursement of the facilities.

Submission of securities to security perfection officer within 12 hours of receipt from branches for further advise to legal department.

Recommend policy reviews for customer service and risk management improvement based on experiences and industry trends Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO) Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within credit risk analysis.  

Do any other duties that may be assigned by the Management.


Business Degree

Knowledge and Skills

2 year experience in credit analysis in an SME environment, debt collection and recovery.

 Knowledge in accountancy an obvious advantage

Personal Attributes

Capacity and willingness to work for long hours and within strict deadlines

Excellent interpersonal skills

High degree of confidentiality

Analytical mind.

Knowledgeable on the Financial services sector


Fast in decision making


Highly organized

Creative and Innovative


Good team player

How To Apply

Interested and qualified candidates should submit their applications to Old Mutual via their career portal using the link Old Mutual Careers

Apply for this Job Now

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